JLL, a leading real estate firm, has successfully secured the first lease at 521 Bergen Ave., a newly redeveloped mixed-use office building located in The Hub of the South Bronx. The Bridge, a nonprofit supportive housing and programming provider, has signed a long-term lease for 8,648 square feet on the entire fifth floor of the property.
The JLL team responsible for this deal includes managing directors William Korchak and Al Gutierrez, EVP Ellen Herman, SVP Edward DiTolla and VP Henry Warner. They serve as exclusive leasing agents for 521 Bergen Ave., which is owned by 521 Bergen REIT LLC and managed by Rubenstein Partners. Samuel Hartstein from Gemstone Realty Group represented The Bridge.
According to Korchak: “We are excited to welcome our first tenant at the renovated 521 Bergen Ave., which was designed as top-of-the-line office space catering to both profit-driven businesses and nonprofits alike.” Originally constructed in the early 1900s, this six-story building underwent full redevelopment last year into a modernized office space spanning over an impressive area of55 ,000 square feet.
This successful transaction marks another milestone achievement for JLL in its commitment towards providing exceptional real estate services across various sectors including social services organizations like The Bridge.
